TGB Banquets and Hotels Balance Sheet Health
Financial Health criteria checks 4/6
TGB Banquets and Hotels has a total shareholder equity of ₹779.3M and total debt of ₹148.3M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are ₹1.3B and ₹504.2M respectively.
Key information
19.0%
Debt to equity ratio
₹148.28m
Debt
Interest coverage ratio | n/a |
Cash | ₹5.51m |
Equity | ₹779.34m |
Total liabilities | ₹504.21m |
Total assets | ₹1.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532845's short term assets (₹1.0B) exceed its short term liabilities (₹460.3M).
Long Term Liabilities: 532845's short term assets (₹1.0B) exceed its long term liabilities (₹43.9M).
Debt to Equity History and Analysis
Debt Level: 532845's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: 532845's debt to equity ratio has increased from 10.5% to 19% over the past 5 years.
Debt Coverage: 532845's debt is well covered by operating cash flow (33.5%).
Interest Coverage: Insufficient data to determine if 532845's interest payments on its debt are well covered by EBIT.